ProVisions, LLC is pleased to present this outstanding opportunity. Neighboring Bay Park Square, a thriving Simon Mall, walking distance to Lambeau Field, home of the Green Bay Packers, and Lake Michigan, make this site ideal for development.

700 Pilgrim Way features a 218,323 square foot suburban, multi-tenant building. The three story (two above grade and ne full lower level; 72,774 square foot floor plates) iconic structure served as headquarters for a local company with a national chain of department stores. Currently 35.95% leased in 12 months, the existing office offers investors the capability to generate additional value through lease-up of 139,839 square feet of existing space plus collect rent redeveloping entire 33 acres.

Additionally, there are multiple developments progressing in the immediate area allowing a developer to capitalize on the growth in the neighborhood. The B-3 District Zoning permits multifamily, office, hotel, retail, research & development, or a mixed-use combination, giving a developer flexibility to optimally tailor the final project.

Lastly, property is particularly rare because of the existing cash flow generated by its current office lease. An investor can collect existing office lease income while finalizing plans, approvals, and funding before breaking ground and/or selling/ground leasing outlots.

Annual Base Rent $408,000 from 2nd Floor Tenant

New Lease signed with 1st Floor Tenant protected Annual Base Rent of $653,291 projected to commence in 2nd Quarter of 2024